The statements on Europe agreeing its long term budget, were a chance to point out the lack of solidarity and shared responsibility amongst our EU partners when it comes to Ireland’s debt and specifically the restructuring of the promissory notes, and also to ask the question what would happen if the Dail voted against tomorrow’s [...]

www.euronews.com Credit card company American Express is to cut about 5400 jobs – that is around 8.5 percent of its workforce. The layoffs are part of restructuring to save money and adapt to the fact that people are increasingly making bookings online or with mobile phones instead of through travel agents. AmEx said spending with [...]

Debt restructuring is a process that aims to reduce the size or the cost of debt in order to minimise the financial toll of bankruptcy — or a “default” as it is sometimes named when applied to a country. There are many ways this debt restructuring can be done. A country can pay off its [...]

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